Practical HR Tips, News & Advice. Updated Daily.
As businesses brace for the likely recession, HR teams have additional responsibilities. For many small to medium businesses, the economic downturn means layoffs will inevitably come into play. For HR teams, layoffs require additional responsibility and work and can be incredibly stressful for the entire team. To ensure business productivity continues despite the layoffs, HR […]
Layoffs are an unfortunate necessity for companies of just about any size and in any industry, particularly during economic change or downturns, like right now. Not surprisingly, most teams struggle with maintaining morale in the wake of downsizing. However, it is possible to maintain and even continue to grow your company’s workplace culture health in […]
2023 is not just another year of disruptions. It’s a year in which business and HR leaders must play defense and offense at the same time. This means performing a realistic appraisal of the current situation—inflation, recessionary concerns, and geopolitical instability—and making defensive adjustments to the business that may involve cutting back on staff. At […]
The last year and a half has brought unusual mass movements of people leaving and entering the workplace. Trends have included record breaking resignations, quiet quitting, and most recently, layoffs across industries including tech, financial services, food and beverage, and media. These shifts have led anxious employees to the latest trend of “career cushioning” – […]
Whenever there are mass layoffs, organizational PR teams scramble to find a spin on the announcements. HR professionals fumble the exit planning. Leaders butcher the communication. It is bound to happen. What I wish we would do more of is think about how organizational culture can lead to improved performance and perhaps help us avoid […]
It’s no surprise that employee confidence has been shaken with the recent spate of corporate layoffs nationwide. Indeed, 31% of professionals responding to LinkedIn’s Workforce Confidence Survey are now concerned about their companies cutting budgets or staff. Their anxiety should be a wake-up call to HR and corporate leaders whether or not they have a […]
Recent headlines have proclaimed massive layoffs in multiple sectors. Amazon, Meta, and Twitter have made significant cuts to their workforces, as well as Morgan Stanley and Goldman Sachs. Layoffs can strike fear into the hearts of all workers, not just those who have received word their positions have been eliminated. As a result, they may […]
Meet Erin Dertouzos, Chief People Officer at strongDM – a people-first access platform that gives technical staff access to the infrastructure they need to be productive. Erin believes that recruitment is about having the right people in the right roles at the right time and leaders are responsible for creating a North Star with clear […]
In today’s fast-paced and increasingly volatile economic climate, layoffs are too often the start of the reorganization conversation rather than the outcome of a collaborative and purposeful decision-making process. These layoff decisions, when isolated from a larger restructuring strategy, can sometimes create a “domino effect” of unintended consequences, leading to more problems for the company […]
After the past few years focusing on surviving the pandemic shift to remote work and navigating the fallout of the #MeToo and #BlackLivesMatter movements, followed by juggling crises in employee morale, “the Great Resignation,” and the “Quiet Quitting” phenomena, it’s unnerving to think about the next great crisis corporate leaders will need to navigate in […]